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Southend

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toontown
August 23, 2023, 6:18pm
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Failed to pay HMRC yet again and given a final 42 day deadline to do so or be wound up, judge said they would have been wound up if they weren't a football club. Given a 10 point deduction by the national league.

https://www.bbc.co.uk/sport/football/66591344
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ska face
August 23, 2023, 6:29pm

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Another example of a multi-millionaire avoiding paying his way & depriving schools and hospitals of money. Fúck the fans, put him against the wall imho.
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crusty ole pie
August 23, 2023, 7:05pm

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Such a shame for their fans who have no say on the running of their clubs
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aldi_01
August 23, 2023, 7:09pm

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So their decent start means absolutely intercourse all…

Just get the millionaire and throw him in the sea…


'the poor and the needy are selfish and greedy'...well done Mozza
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GollyGTFC
August 23, 2023, 7:31pm

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Quoted from aldi_01
So their decent start means absolutely intercourse all…


No, it means a lot. It means they’re 6 points off 20th and not 12 points.
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TownSNAFU5
August 24, 2023, 6:36pm
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Owner on talkSPORT today.  Put in a lot of money.  Not prepared to put in more. Wants to sell club.  Has not done so far to date.

Will appeal NL points deduction.  Said it is illegal.  

Panel talked about HMRC being so inflexible.  They want their money now rather than jam tomorrow.  Although with Southend they have been very patient.

ITV Digital collapse discussed.  HMRC wanted their dues.  Refused to wait.  We suffered badly.
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moosey_club
August 24, 2023, 6:53pm
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The ITV digital excuse has worn very thin now, yes alot happened but clubs still overspent upfront on the expected monies...unsustainable.
Bear in mind it was ...how long ago ? 15-20yrs ? Clubs really shouldnt still be claiming that is the cause of any current hardships. I count ourselves in that as well.

They themselves have been in and out of the court more than enough times so it's about time they paid up.


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blundellpork
August 24, 2023, 7:10pm

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It was complete madness for our then board to spend money we hadn’t yet received. Read McDermott’s book where Lennie trebled his wages, Macca told the rest of the squad that the manager had gone mad and to all get in there quick and sign the new contracts.

Cue the fire sale of players and the collapse through the divisions. All so unnecessary and self inflicted.
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Mappers
August 24, 2023, 7:47pm
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I hope there is 0% chance of something similiar happening to lower league clubs with this shiny new Sky TV deal.
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GollyGTFC
August 25, 2023, 6:21am

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HMRC started a policy of zero tolerance to football clubs after Leicester & Leeds screwed the taxpayer out of a huge amount of money whilst having to pay football creditors in full.

I haven’t listened to what was said, but the money owed is money that the current owner has deducted from the wages of the staff as income tax and national insurance. If Talksport gave him an easy ride and didn’t point that out to him then it’s very poor journalism.

He as owner has chosen to employ those people and has deducted that money from their wages and is morally obliged to hand it over to the HMRC.

The guy needs striking off/banning from holding directorships by companies house.

And like the judge stated the other day, if it was a football club they would already have been wound up by now.

He won’t be able to sell the club for what he values it at. The future of Southend depends on whether the owner puts the club into administration prior to the next hearing. That would pause all winding up orders and allow the administrator the opportunity to sell the club as a going concern to someone who will satisfy the HMRC debt in full.
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